GREGORY HAYES - 01 Aug 2022 Form 4 Insider Report for Phillips 66 (PSX)

Role
Director
Signature
Julie P. Pradel, Attorney-in-Fact
Issuer symbol
PSX
Transactions as of
01 Aug 2022
Net transactions value
$0
Form type
4
Filing time
03 Aug 2022, 17:04:58 UTC
Previous filing
14 Jul 2022
Next filing
02 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSX Common Stock Award $0 +214 +18% $0.000000 1,389 01 Aug 2022 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person elected to receive Restricted Stock Units (RSUs) in lieu of his annual cash retainer, which retainer is paid in monthly installments. RSUs convert to Phillips 66 common stock on a 1-for-1 basis. The restrictions on the RSUs lapse after retirement, disability or death of the non-employee director.
F2 The 214 shares includes the reporting persons' prorated July award and his full August award.
F3 All 1,389 shares are RSUs.